.EditorialThis information has actually been actually selected, made as well as modified by the Finextra editorial staff located upon its own importance as well as passion to our neighborhood.Depending on to a spokesperson for the Vilnius Area Court of law, the bankruptcy call was actually produced after assessing the business's economic information as well as finding that kevin was actually "unable to satisfy its financial obligations promptly".A bankruptcy scenario has levelled by the court of law as well as is actually Team has actually been actually appointed as the bankruptcy supervisor..Kevin has since revealed that it organizes to appeal the insolvency selection.The court of law decision marks an impressive succumb to the paytech firm which was when addressed as the fastetst developing fintech in Central and also Eastern Europe.Kevin had likewise reared $65m coming from its several financiers, including Accel and also Eurazeo.The initial signs of monetary challenge were actually seen in February when a document from on-line headlines internet site Looked explained that kevin had actually fallen short to pay for personnel for 2 months - claims which were debated due to the start-up..And then in July, the Lithuanian reserve bank outlawed the company coming from taking on any kind of brand-new clients after developing impatient at the provider's breakdown to file its annual files in a timely manner. .